Unfortunately, that bill never saw action on the Senate floor during the 107th Session of Congress.

They are having countries come to them and saying, we will pay for the research and the development.

It seems to me Mr. Secretary that these numbers in terms of cost savings for our highway system are compelling.

If I could ask you, because the time is so short, if your agency could really start a study of what is taking place, because if other countries are doing this, then we should start a trade action against them.

I hope we can focus on the value that has been provided through the settlement.

I want to identify with the remarks that Chairman Donaldson is off to an extraordinary start.

I compliment you on holding this hearing. It is one of obvious importance.

I would only suggest again, as you well can understand in a practical context, this arbitration process is going to be very much one of those areas where the public is going to look for the fairness that will be tied to whether there is a…

I think that many would believe that the fund set up for restitution looks thin relative to the overall losses.

It is more important, though, because of the need to restore investor confidence and redress the wrongs.

This hearing is appropriately about the vigilance of Federal, State, and other regulators who sought to bring an end to egregious conflicts.

Regrettably, firms and individuals in the investment banking industry... allowed themselves to step on to the slippery slope of irrational exuberance.

I would like to thank Chairman Shelby and Senator Sarbanes for holding today's hearing.

We cannot, with the current political situation in Haiti, we cannot channel money through the government of Haiti.

We hope we can play a role in taking all the various programs... back in its rightful place in our curriculum.

The accomplishment is that we have taken all that variety and diversity and turned it into one country, and we do not talk about that.

We need to do a better job of teaching just what those values are.

It is time to put the teaching of American history and civics back in its rightful place in our schools.